Enquest: Kraken on Target for June Launch

Enquest has informed that the Kraken development is on track to deliver first oil before the end of June 2017, with further progress on drilling.

All drilling is now complete on drill centre 1 (DC1) and DC2 and the rig has moved to DC3.

DC1 and DC2 subsea commissioning is complete and ready for operation.

The turret pipework and emergency shut down valves have been installed, and the nitrogen/helium leak testing has been conducted and the final rotation testing is complete.

The testing and other topsides and subsea infrastructure final commissioning work is ongoing, Enquest added.

EnQuest CEO Amjad Bseisu said: “EnQuest is on track to achieve first oil from Kraken before the end of June and to deliver on its production, unit opex and capex targets for 2017. First production from the Kraken development will give EnQuest its seventh operated hub and will mark a turning point in EnQuest’s progress from a period of heavy investment to one focused on cash generation and deleveraging the balance sheet.”

At start up, 13 wells will be available comprising 7 producers and 6 injectors. As with all developments of this scale, wells will be brought onstream in a phased manner.